PRISA

Promotora de Informaciones, S.A (PRISA) is a Spanish media conglomerate that owns a portfolio of newspapers, magazines, radio stations, and television channels.

Promotora de Informaciones, S.A
TypeSociedad Anónima
BMAD: PRS
ISINES0171743117
IndustryBroadcasting, Publishing, Media, Internet, Entertainment
Founded1972 (1972)
FounderJesús de Polanco
Headquarters
Madrid, Spain
Key people
Ignacio Polanco (Chairman)
Juan Luís Cebrián (CEO)
ServicesTelevision and radio production, press and publishing
€2.822 billion (2010)[1]
Number of employees
14,987 (2009)[2]
SubsidiariesGrupo Santillana
Websitewww.prisa.com

History and profile

The PRISA group was founded in 1972[3][4] by Jesús de Polanco who was the major shareholder and the president of the company until his death on 21 July 2007.[5] The other founder was José Ortega Spotorno, a son of the philosopher Ortega y Gasset.[4] The company was established as part of the Spanish transition towards democracy.[4] The son of Jesús de Polanco, Ignacio Polanco, succeeded him as the president of PRISA.[5]

The share of the group in the Spanish press market was 15.1% in 2006.[5]

As of 2010 it was controlled by Nicolas Berggruen.[6] At the end of 2010 the US hedge fund Liberty Acquisitions Holdings acquired 51% of the company.[3]

Holdings

As of 2012, the company holds a 50% interest in El Huffington Post, the Spanish-language version of the news source.[4]

Newspapers
PRISA owns the following papers among the others[7][4]

Magazines
PRISA Noticias
  • Cinemanía
  • Gentleman
  • Car
  • Claves
  • Revista 40
  • Rolling Stone

Music and radio
PRISA Radio

Television
PRISA TV

See also

References
  1. "Annual Results 2010" (PDF). Prisa. Archived from the original (PDF) on 27 July 2011.
  2. Prisa: About us Archived 12 April 2011 at the Wayback Machine
  3. Julia Pastor (27 December 2013). "Prisa Group: Dismantling of Spain's Top Media Giant Means End of an Era". The Corner. Madrid. Retrieved 26 November 2014.
  4. "Country Profile: Spain". Institute of Media and Communications Study. Retrieved 21 February 2015.
  5. Andrea Czepek; Melanie Hellwig; Eva Nowak (2009). Press Freedom and Pluralism in Europe: Concepts and Conditions. Intellect Books. p. 278. ISBN 978-1-84150-243-4. Retrieved 12 December 2014.
  6. Raphael Minder. "Prisa Looks for Return to Financial Health", The New York Times, 21 November 2010
  7. "Spain- Newspapers". G2MI. Archived from the original on 13 April 2015. Retrieved 26 November 2014.
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